The Hong Kong Monetary Authority (HKMA) is actively promoting Real World Asset (RWA) tokenization projects in new sectors such as energy, aviation, and shipping.
Introduction
The Hong Kong Monetary Authority is promoting RWA tokenization in new energy, aviation, and shipping sectors. "In terms of underlying assets, the Hong Kong Monetary Authority encourages RWA cases in new energy and trade financing, but does not support real estate projects," an industry insider reported.
Market Participation
RWA projects have shown limited fundraising capacity, even with a low entry barrier. Institutional investors represent the majority, in line with HKMA's regulations prohibiting retail participation and secondary trading.
Regulatory and Market Outlook
The Ant Digital Technology model serves as a reference for managing asset flows from mainland China to Hong Kong. The focus remains on professional participants, with historical trends showing similar limitations on retail inclusion. Regulatory constraints continue to exclude real estate-backed projects due to stability considerations.
The HKMA's initiative to promote RWA tokenization in new sectors highlights a commitment to enhancing asset liquidity, despite limited opportunities for broader investor participation.
